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Crypto industry PACs are spending millions on US party primaries for the 2026 midterm elections. The outcome of these primaries could influence future crypto legislation in Congress. Super PACs like Fairshake have significant funds and a track record of influencing elections to support pro-crypto candidates. Specific races, such as the Texas Senate primary, are seeing substantial political spending.
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Shiba Inu (SHIB) price has fallen to 2023 levels with successive technical failures. XRP shows a modest attempt at stabilization with a short-term rising support line, but overall trend remains negative. Bitcoin (BTC) is consolidating below $70,000 after bouncing from $63,000, with increasing volume supporting the recovery. Market sentiment is weak due to institutional uncertainty and low retail liquidity.
X will suspend creators from its revenue-sharing program for 90 days if they post undisclosed AI-generated war videos. The policy aims to prevent manipulation and ensure access to authentic information during wartime. Violators face permanent removal from the monetization program for repeat offenses. This policy targets the financial incentives for creators to post misleading AI-generated content.
Ripple Payments expanded to over 60 markets with new stablecoin and fiat collection, custody, and liquidity tools. The platform now supports unified collections and advanced liquidity features, aiming to reduce vendor complexity for businesses. Over $100 billion in volume has been processed, with more than 75 licenses globally, targeting financial institutions and fintechs. XRP price action remains volatile, with analysts suggesting a potential fractal pattern indicating a move higher later in March.
South Korean police arrested individuals paid in cryptocurrency for "private revenge" attacks. Payments ranged from $337-$675 or 500,000-1,000,000 KRW worth of crypto. Tactics included vandalism, threats, and spreading human waste. Authorities are investigating potential links to a larger Telegram-based organization.
Vitalik Buterin calls for Ethereum to shift focus from tech 'shininess' to sanctuary against authoritarianism. Buterin expresses frustration over Ethereum's limited role in improving lives beyond finance. He suggests Ethereum should act as a defensive perimeter for 'sanctuary technologies'. Buterin pushes back against limiting Ethereum's scope solely to DeFi.
IPO Genie ($IPO) aims to democratize private market investing by tokenizing access with a $10 minimum entry. The platform utilizes AI to identify early-stage investment opportunities, similar to traditional VC firms. The $IPO token offers tiered access, revenue sharing, staking rewards, and voting rights to holders. The project has undergone security audits by CertiK and SolidProof and uses Fireblocks for asset protection.
Visa and Bridge are expanding stablecoin card program to over 100 countries by end of 2026. MetaMask and Phantom users can spend crypto directly from self-custody wallets via Bridge's API. Visa is testing direct on-chain settlement using stablecoins on the Solana blockchain. Expansion follows recent regulatory clarity in the US with the GENIUS Act.
Aave Chan Initiative (ACI) will exit Aave DAO governance after a contested vote. ACI plans to wind down operations over four months, transferring responsibilities. The exit follows a dispute over a $42.5 million funding package and voting power concerns. Aave maintains a dominant DeFi position with $26.51 billion in total value locked.
OpenAI released GPT-5.3 Instant, updating ChatGPT's default model for improved accuracy and conversational flow. The new model reduces unnecessary refusals and disclaimers, aiming for more direct and helpful user interactions. Internal evaluations show hallucination rates dropped by nearly 30% with web use and 19.7% without. GPT-5.2 Instant will be retired on June 3, marking a transition period for users.
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Quick market read from this story
CFTC Chair Michael Selig anticipates "true perpetual futures" for cryptocurrencies in the US within the next month
The CFTC is also preparing to issue guidance on prediction markets soon
Discussions on a market structure bill are ongoing, with a need for Congressional clarity for the SEC and CFTC
The CFTC aims to bring offshore liquidity back to the US by addressing these market structures.
Deep Dive
Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), announced that the agency is preparing to address the regulation of perpetual futures contracts for cryptocurrencies, aiming for a resolution within the next month. Selig, currently the sole Senate-confirmed commissioner at the CFTC, noted that the previous administration had driven many crypto firms and liquidity offshore. He also indicated that the CFTC would soon provide guidance on prediction markets, asserting the agency's exclusive jurisdiction over platforms offering event contracts.
SEC Chair Paul Atkins commented on the digital asset market structure bill progressing through Congress. He emphasized the need for a clear congressional mandate, enshrined in statutory form, to guide regulatory efforts and court decisions concerning cryptocurrencies. Selig echoed this sentiment, stating that significant progress is difficult without legal certainty from Congress. As of Tuesday, the Senate Banking Committee had not scheduled a markup for the bill, and discussions regarding stablecoin yield and tokenized equities were ongoing but had not yet led to legislative advancement.
Bitcoin functions as everyday money in parts of Africa, not just a store of value. Merchants in some African economies prefer satoshis over dollars due to rapid inflation. Sub-Saharan Africa saw over $205 billion in onchain value from July 2024 to June 2025, a 52% year-on-year increase. Retail transfers under $10,000 represent over 8% of total value sent in Sub-Saharan Africa, indicating strong retail adoption.
